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US CPI Sees Slight Uptick in November, Fed Likely to Maintain High Rates
12.12.2023
In November, the U.S. Consumer Price Index (CPI), a principal measure of inflation, registered a modest rise of 0.1%, maintaining a consistent annual increase of 3.1%. This minor growth in prices reflects subtle economic shifts, with energy costs witnessing a marked reduction, in contrast to...
Crypto Whales are Stacking This Lesser Known Crypto AI Gem – What Does it Do?
12.12.2023
Crypto whales stack lesser-known crypto AI gem yPredict and its $YPRED token. Image by Kerem Goktug Kaya, DALL-E 3. Cryptocurrency whales, the influential market movers whose trades spur noticeable price fluctuations, tend to have an uncanny knack for spotting promising digital assets ahead of...
PEPE Hits Five-Month High; KAS and $ROE on the Brink of Enormous Rally
12.12.2023
In the dynamic and often unpredictable world of cryptocurrencies, a few names have been stealing the limelight recently. PEPE, the popular memecoin, has soared to a five-month high, while Kaspa (KAS) and Borroe Finance ($ROE) are gearing up for what seems like an enormous rally. Let’s dive into...
Is It Too Late to Buy Injective? INJ Price Climbs 12% as Licensed Telegram Crypto Casino Goes Viral – How to Buy?
12.12.2023
INJ price climbs 12% to reach a new all-time high today amid a crypto market consolidation period. Image by Inkong Boutchalern, Vecteezy. The crypto market has entered the day in a state of cautious trading and consolidation after recent volatility. Bitcoin and Ethereum are seeing minor price...
Public Crypto Mining Firms Dropped Double Digits After Bitcoin’s Largest Decline in Four Months
12.12.2023
Source: Adobe/artiemedvedev Crypto mining firms have seen double-digit drops after Bitcoin (BTC) experienced its most significant decline in nearly four months. Over the weekend, the value of Bitcoin plummeted to as low as $40,000 after reaching a high above $43,900, causing a ripple effect across...
Bitcoin Price Prediction: Market Reacts to FOMC Meeting, El Salvador Bond & Google’s New Ad Policy
12.12.2023
In the dynamic world of cryptocurrency, Bitcoin (BTC) is experiencing subtle yet noticeable fluctuations, trading at $41,457 with over 0.50% rise as of Tuesday. Market sentiments are heavily influenced by key economic events and policy changes. As the Federal Open Market Committee (FOMC) meeting...
Missed the latest Solana (SOL) pump? Then buy this DeFi token to make 5x more profits
12.12.2023
The world of cryptocurrency is an ever-evolving landscape, characterized by its volatility and the rapid rise of new projects that promise great potential. Recently, all eyes were on Solana (SOL), as it embarked on another bullish journey, reaching a new yearly high. For those who might have missed...
Palau Declares First Phase of Stablecoin Pilot a Success
12.12.2023
The Republic of Palau has stated that the first phase of its limited stablecoin pilot was a success in a recently released report. The document also indicates that future phases of the project will focus on extending the reach of the stablecoin, with a high emphasis on compliance. Palau Reports...
Fed Observer Jim Grant Foresees Long-Term High Rates as FOMC Meeting Approaches
11.12.2023
Market participants, including both investors and traders, have their attention keenly set on the upcoming Federal Open Market Committee (FOMC) meeting, slated for Dec. 13, 2023. There is widespread speculation about whether Fed Chair Jerome Powell will continue to uphold the current elevated...
Cardano Price Prediction as ADA’s Social Dominance Reaches 6-Month High – Can ADA Reach $10?
11.12.2023
Amidst the dynamic cryptocurrency market, Cardano (ADA) has become a prominent topic of discussion, witnessing its social dominance climb to a six-month high. As of now, the live Cardano price stands at $0.55310, with a trading volume of $1.2 billion over the past 24 hours. Despite a 6% decline...
As LINDA Token Grows 8,000% Overnight, This Unknown Crypto Platform Surges Past $3.4 Million Milestone
11.12.2023
Source: Dall•E 3 The LINDA Token price has rocketed by as much as 8,000% overnight, with the new meme coin rising to a high of $0.00008577 after listing on Uniswap three days ago. Reportedly taking its name from ConsenSys founder Joe Lubin’s pet dog, LINDA has already fallen substantially...
First Mover Americas: Bitcoin Slips to $42K From Last Week's Yearly High
11.12.2023
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Hong Kong High Court Rules Against Huobi Global in Trademark Infringement Lawsuit
11.12.2023
Source: Adobe/piter2121 The High Court of the Hong Kong Special Administrative Region has ruled in favor of X-SPOT GLOBAL LIMITED in a trademark infringement case against Huobi Global Limited. The court issued an interim injunction, prohibiting Huobi Global Limited from using...
CME Group Dominates Bitcoin Futures Open Interest Amidst Speculations of $40K Gap Closing
10.12.2023
Recent data indicates that CME Group maintains its top position in bitcoin futures open interest, holding $5.29 billion, followed closely by Binance with $4.65 billion. A comprehensive analysis of 14 distinct exchanges offering derivatives reveals a combined open interest totaling $40.74 billion...
Bitcoin Outshines Gold: Digital Asset Surges 166% in 2023, Dwarfing Gold’s Modest 9% Gain
9.12.2023
Gold achieved a record high of $2,117 per troy ounce on Dec. 3, 2023, yet its price per ounce has decreased by 5.33% in the previous week. Despite hitting this unprecedented peak, its year-to-date increase against the U.S. dollar is relatively modest at 9.9%. In contrast, bitcoin, the leading...
Best Crypto to Buy Now December 8 – Cardano, BONK, Pyth Network
9.12.2023
ADA, BONK, and PYTH surge to new highs as investors seek the best crypto to buy now. Image by cryptonews.com. With a powerful surge so far today, the ADA price achieved a new year-to-date high, drawing the attention of analysts who endorse Cardano as one of the best cryptos to buy now. BONK...
Invest in Bitcoin, Get Residency: El Salvador’s Unique ‘Freedom VISA’
8.12.2023
El Salvador Bitcoin. Source: RawBeautyPixels/Adobe El Salvador has a new, “once in five hundred years” offer for international crypto whales: donate your BTC to the government, and you’ll earn long-term citizenship in Bitcoin country. As announced by Tether on Thursday, the “Adopting...
XRP Price Prediction as XRP Spikes Up 3% Suddenly – Are Whales Buying?
8.12.2023
In a remarkable show of resilience, Ripple’s XRP coin continues its upward trajectory, consistently maintaining a robust position around $0.6479. The coin’s substantial growth throughout the year can largely be attributed to the growing optimism surrounding the possible resolution...
Dogecoin Price Prediction as DOGE Hits 8 Month Highs – Can It Sustain This Growth?
8.12.2023
Dogecoin (DOGE), the famed meme cryptocurrency, has recently soared to an 8-month high, trading around $0.09782. This remarkable surge, highlighted by a peak at $0.10 on Wednesday, signals a robust bullish momentum in the crypto arena. The rally is underpinned by a favorable market sentiment and...
Gate.io Lend & Earn Reaches New Heights with $500M in Loaned Assets
8.12.2023
Dec. 8th, Panama，Panama City – Gate.io, a leading crypto exchange and Web3 innovator, has announced a significant milestone for its crypto lending platform, Lend & Earn. The platform has reached an all-time high of over $500 million in capital committed by lenders, with nearly a quarter...